Smart Contracts Flashcards
1
Q
The term Smart Contracts was thought of by
A
Nick Szabo
2
Q
True or False: Smart Contracts was a term that came up with the creation of Bitcoin
A
False! Smart Contracts were thought of long before the creation of bitcoin
3
Q
True or False: Smart Contracts are immutable and distributed
A
True! Because Smart Contracts are stored on a blockchain, they inherit these properties
4
Q
Both Bitcoin and Etherium have support for Smart Contracts
A
True - Although Bitcoin is much more limited in its support
